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Kroes set to pounce on price-fixers

The European Commission is to step up its fight against cartel activity by setting up a directorate devoted exclusively to cartel enforcement, EU competition chief Neelie Kroes was announcing today (10 March).

European Voice

3/9/05, 5:00 PM CET

Updated 4/12/14, 11:13 AM CET

She was to tell lawyers at an International Bar Association conference that anti-cartel work should be an “even higher priority” during her time as commissioner.

“I would see the creation of this new directorate as a concrete expression of the zero-tolerance policy the European Commission is committed to implement in the face of this most damaging type of anti-competitive practice,” Kroes says.

One EU lawyer said that the construction and chemical sectors were likely to face the brunt of investigations.

Kroes also confirmed that the Commission would publish a green paper on how to encourage more lawsuits in the case of anti-competitive practices – known as private enforcement – by the end of 2005.